Further guidance has now been released in relation to the Job Retention Bonus Scheme.

In summary:

• the bonus is to be a taxable payment of £1,000 payable to the employer for each eligible employee.
• it is payable in respect of each employee who has been on furlough and remains continuously employed, and not under notice, until 31 January 2021.
• the employer must have paid at least £1,560 (gross) to the employee between 6 November 2020 and 5 February 2021 (and a payment must be made in each of the relevant tax periods i.e. 6 November to 5 December 2020; 6 December 2020 to 5 January 2021 and 6 January to 5 February 2021)
• a claim for the bonus needs to be submitted between 15 February and 31 March 2021.  No claims will be accepted after 31 March.